POLITICAL AND ECONOMIC RECONSTRUCTION IN BOSNIA-HERZEGOVINA

Abstract

The Bosnian War between 1992 and 1995 prepared proper conditions for political and economic reconstruction of Bosnia-Herzegovina in the disintegration process of Yugoslavia. After the war and great destruction, Bosnia-Herzegovina was reconstructed with the intervention of the USA and the Western European states (especially Germany, the UK, France), and the Dayton Agreement as a very complex and fragmented federation in the political sphere and a periphery capitalist country in the economic sphere. More importantly, the Western states’ intervention and the Dayton arrangements created an “international protectoral rule” in Bosnia-Herzegovina under the control and command of the USA, the Western European states and international organizations. This painful destruction and political-economic reconstruction process in Bosnia-Herzegovina is discussed and explained in the article.